CPA Canada tax update: What’s new (Winter 2016)

Stay on top of CPA Canada’s tax advocacy work, news and information, and professional development opportunities with our latest update.

Tax blogs

Subscribe to CPA Canada’s tax blog by checking Tax Blog under My Subscriptions when you update your communication preferences.

What’s inside the tax auditor’s playbook?

The CRA’s Income Tax Audit Manual can be a big help to practitioners but, at over 1,200 pages, it can overwhelm. CPA Canada’s new resource highlights some especially useful sections.

Tax audit? Think twice before waiving your rights

To smooth the tax audit process, taxpayers can agree with the Canada Revenue Agency (CRA) to waive their objection rights. But, before they do, taxpayers should fully understand what they’re giving up in return.

Draconian confiscation of refunds should end

The CRA needs methods to enforce compliance. When applied even-handedly, financial penalties play an important role. But a tax provision that’s been on the books since 1951 goes too far.

Updated protocol for interaction of appeals, audit and taxpayers

An updated protocol between the Canada Revenue Agency’s Appeals and Compliance branches clarifies Appeals’ responsibilities when taxpayers provide new information not previously reviewed by auditors. How will the protocol affect your clients’ tax disputes?

Top obstacles to smoother tax audits

A tax audit of a client’s small business can be frustrating for you — but it doesn’t have to be. Find out what tax practitioners can do to ease the process for everyone involved.

Professional news and media

CPA Canada welcomes recommendation for simpler tax system

CPA Canada welcomed the call to reduce complexity included in the Commons Finance Committee report, The Canada Revenue Agency, Tax Avoidance and Tax Evasion: Recommended Actions.

Tax technology changes landscape for SMPs

The rapid acceleration of technology is putting significantly faster and better resources in front of small and medium tax practitioners (SMPs) and their clients.

Duplicative U.S. tax reporting should end

Americans living in Canada and their advisors will welcome the American Institute of CPAs’ call for the U.S. government to end duplicative tax reporting rules for foreign accounts.

Court allows admission of accountants’ statements

A court case from Nova Scotia reinforces the need for tax advisors to tread carefully when communicating with the Canada Revenue Agency (CRA) on their clients’ behalf. An article from the Canadian Tax Foundation explains.

Professional development in taxation

CPA Canada’s in-depth program for income tax professionals is expanding

Whether you’re a beginner or a seasoned pro, our robust tax education portfolio of in-depth courses can help enrich your tax knowledge and skills.

In-depth tax course – What’s new for students, faculty and grads

Find out the latest information about the In-Depth Tax Course with updates and new opportunities for students, faculty and graduates.

Lifelong learning in tax

Boost your knowledge and keep your career moving forward with CPA Canada’s unparalleled options for professional development in tax. View our tax PD catalogue here.

CRA e-services for business (on-demand event)

The webinar provides useful information to practitioners involved in GST/HST, excise duty and tax, and corporation tax return preparation on important new technology enhancements that CRA is introducing in 2016 and 2017.

Find more professional development tax courses.

Find out more about taxation at CPA Canada